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$890,000

Beds
3
Baths
2.0
sq ft
1,260

700 E Ocean Blvd Unit 2008, Long Beach, CA 90802

700 E Ocean Blvd Unit 2008

Long Beach, CA 90802

  • 157 days on market
    • Price drop $25,000↓
With the 2028 Olympics coming in 2028 you will not want to miss the opportunity to live near the center of the action! As we welcome you to the International Tower where unit 2008 has it all; luxury and views with a wrap round balcony affording views from Catalina to Palos Verdes to downtown Los Angeles to the mountain peaks, plus evening city lights over the harbor and bridges. This 3-bedroom unit has been upgraded throughout, currently modified with one bedroom opened up to a larger living area. Both bathrooms have been updated, extra closet space was added, as well as wood floors. Inside laundry. This is one of the rare units that has split unit heating and air conditioning throughout. Plus this 20th floor home has the extra luxury of 10 inch higher ceilings. Includes two parking spaces and a deeded storage unit in the controlled access parking garage. The International Tower is an iconic full-service luxury complex that features a large lobby with ocean views, 24-hr security and concierge, heated outdoor pool, state of the art fitness center, conference and meeting rooms, a secure mail room with package lockers and monthly activities to encourage a sense of community. The HOA includes basic frontier cable and internet. Small pets are welcome, the staff includes on-site manager and assistant manager and maintenance staff.

Details

Property type

Condominium

Est. home value

$846,655

Property condition

Updated/Remodeled

Lot size

0.7623 acres

Price per sq ft

$707

Year built

1965

Monthly HOA fee

$1,020

Price History

09/19/2024
CRMLS

CRMLS #PW24124073

Listed
$890,000
09/13/2024
CRMLS

CRMLS #PW24124073

Pending
$890,000
07/12/2024
CRMLS

CRMLS #PW24124073

Price change
$890,000
-2.73%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Curbs, Fishing, Street Lights, Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

204

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$621,594
Asking price
$890,000
Closing costs (~8% of asking)
-$71,200
Est. remaining loan balance
-$197,206
Cash to seller
$621,594

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2012

Original loan amount

$375,920

Est. remaining balance

$197,206

Interest rate

3.4%

Loan type

New Conventional, 21 year

Seller

Oscar P L Gallo and Ilgin Anne Gallo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/21/2024 at 9:00 PM

Listing updated: 10/30/2024 at 4:40 AM

Listed by: Susan Wyant, Keller Williams Pacific Estate Phone #: (562) 513-7800

MLS: CRMLS #PW24124073

CRMLS logo

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